お知らせ • Aug 17
Jai Maw, Jeremy Jakary, and GeoComply Solutions Inc. completed the acquisition of FansUnite US Inc. from FansUnite Entertainment Inc. (TSX:FANS). Jai Maw, Jeremy Jakary, and GeoComply Solutions Inc. have entered into a definitive agreement to acquire FansUnite US Inc. from FansUnite Entertainment Inc. (TSX:FANS) for $37.5 million on June 27, 2024. Pursuant to the Stock Purchase Agreement, as consideration for all of the issued and outstanding shares of FansUS, the Purchaser has agreed to pay to FansUnite an aggregate purchase price of $37.5 million as follows: $30.6 million, to be paid in cash on the closing of the Transaction after adjustment on a cashfree and debt-free basis; and $6.9 million, to be satisfied through the cancellation of the Demand Note In case of termination of transaction, FansUnite Entertainment Inc. will pay a termination fee of $1.75 million. Completion of the Transaction is also subject to satisfaction or waiver of a number of conditions, including the receipt of requisite shareholder approval, TSX acceptance, all necessary regulatory and third-party approvals, and other conditions customary in transactions of this nature. The Board of Directors of FansUnite Entertainment Inc. formed a special committee for the transaction. The deal has been unanimously approved by the board of directors and special committee of FansUnite Entertainment Inc.. The expected completion of the transaction is August 15, 2024. As of August 13, 2024 transaction was approved by FansUnite shareholders. Stifel acted as exclusive financial advisor to FansUnite, and BDO (Canada) LLP acted as independent valuator and financial advisor to the Special Committee. BDO (Canada) LLP has provided to the Special Committee a formal valuation and fairness opinion in connection with the transaction. DLA Piper (Canada) LLP and DLA Piper LLP are acting as FansUnite's Canadian and United States legal counsel. Laurel Hill AdvisoryGroup is acting as FansUnite's Shareholder Communications Advisor. Stikeman Elliot LLP is acting as legal counsel to the Special Committee. Fenwick & West LLP is acting as the Betting Hero Co-Founders' legal counsel. Blake, Cassels & Graydon LLP and Chere See, Erik Knudsen of Morrison & Foerster LLP are acting as GeoComply's Canadian and United States legal counsel.
Jai Maw, Jeremy Jakary, and GeoComply Solutions Inc. completed the acquisition of FansUnite US Inc. from FansUnite Entertainment Inc. (TSX:FANS) on August 15, 2024. お知らせ • May 12
FansUnite Entertainment Inc. to Report Q1, 2024 Results on May 15, 2024 FansUnite Entertainment Inc. announced that they will report Q1, 2024 results on May 15, 2024 お知らせ • Apr 23
FansUnite Entertainment Inc., Annual General Meeting, Jun 28, 2024 FansUnite Entertainment Inc., Annual General Meeting, Jun 28, 2024. お知らせ • Mar 21
FansUnite Entertainment Inc. to Report Fiscal Year 2023 Results on Apr 01, 2024 FansUnite Entertainment Inc. announced that they will report fiscal year 2023 results on Apr 01, 2024 お知らせ • Nov 01
FansUnite Entertainment Inc. to Report Q3, 2023 Results on Nov 14, 2023 FansUnite Entertainment Inc. announced that they will report Q3, 2023 results on Nov 14, 2023 お知らせ • Aug 25
Fansunite Entertainment Inc. Announces Jeremy Hutchings Will Step Down from His Role as Chief Technology Officer, Effective September 30, 2023 FansUnite Entertainment Inc. announced that Jeremy Hutchings will step down from his role as Chief Technology Officer on September 30, 2023 to pursue other opportunities in response to the Company's new strategic focus on the more profitable affiliate segment. He will be available to provide consulting on the Company's plans to monetize the source code of the Chameleon Gaming Platform through potential further sales of said code. FansUnite would like to thank Jeremy for his contribution and wish him the best in his future endeavors. お知らせ • May 12
FansUnite Entertainment Inc. to Report Q1, 2023 Results on May 16, 2023 FansUnite Entertainment Inc. announced that they will report Q1, 2023 results on May 16, 2023 お知らせ • May 10
Betr Holdings, Inc. completed the acquisition of Chameleon Gaming Platform from FansUnite Entertainment Inc. (TSX:FANS). Betr Holdings, Inc. announced a definitive asset purchase agreement to acquire Chameleon Gaming Platform from FansUnite Entertainment Inc. (TSX:FANS) for approximately CAD 10 million on May 8, 2023. As per the terms of the transaction, The Purchase Price is comprised of: (i) CAD 3 million in cash paid on closing; (ii) CAD 2 million in Series A2 Preferred Shares of Betr, to be settled through warrants (each, a "Warrant") to purchase the Series A2 Preferred Shares; and (iii) milestone payments of up to CAD 5 million payable over 12 months following the closing of the Transaction upon achievement of certain integration milestones, payable as to CAD 3 million in cash and as to CAD 2 million payable by way of Warrants to purchase Preferred Shares. FansUnite will divide the net proceeds of this Transaction. Tekkorp Capital Advisors acts as a strategic advisor to the Company. DLA Piper LLP acted as legal advisor to FansUnite and Bennett Jones LLP acted as legal advisor to Betr.Betr Holdings, Inc. completed the acquisition of Chameleon Gaming Platform from FansUnite Entertainment Inc. (TSX:FANS) on May 8, 2023. お知らせ • May 04
An unknown buyer acquired McBookie Limited from FansUnite Entertainment Inc. (TSX:FANS) for $4 million. An unknown buyer acquired McBookie Limited from FansUnite Entertainment Inc. (TSX:FANS) for $4 million on May 1, 2023. As per the terms of the deal, Petrie and Walker will continue to serve as Directors at McBookie. Tekkorp Capital Advisors acts as a strategic advisor to FansUnite Entertainment. KWP LLP acted as legal counsel to the buyer and DLA Piper (Canada) LLP acted as legal counsel to FansUnite Entertainment.
An unknown buyer completed the acquisition of McBookie Limited from FansUnite Entertainment Inc. (TSX:FANS) on May 1, 2023. お知らせ • Feb 10
Stram Entertainment Limited acquired BetPrep from FansUnite Entertainment Inc. (TSX:FANS). Stram Entertainment Limited acquired BetPrep from FansUnite Entertainment Inc. (TSX:FANS) on February 9, 2023.Stram Entertainment Limited completed the acquisition of BetPrep from FansUnite Entertainment Inc. (TSX:FANS) on February 9, 2023.